Pakistan's Petroleum Division announced that petrol and diesel prices will remain unchanged until further orders.

This decision comes as the government seeks to maintain market stability amid fluctuating global energy costs. Stability in fuel pricing is critical for controlling transportation costs and curbing inflation across the country's economy.

Following a weekly review, the Petroleum Division fixed the price of petrol at Rs299.50 per litre [1]. The price for high-speed diesel (HSD) was set at Rs311.47 per litre [1]. These rates are now locked in place until the government issues new directives.

While some reports suggested price increases, the Petroleum Division said that rates will not change [1]. The move aims to provide a predictable pricing environment for consumers and commercial transporters.

The government's decision to hold prices steady reflects a strategic effort to prevent sudden price shocks. By avoiding a hike this week, the division intends to support the broader economic stability of the region, a move that directly impacts the cost of goods and services nationwide.

Officials said that the current rates will be maintained until the next scheduled review or until specific market conditions necessitate a change. The division continues to monitor international oil benchmarks to determine future adjustments.

“Petrol price fixed at Rs299.50 per litre”

The decision to freeze fuel prices suggests the Pakistani government is prioritizing short-term inflation control over immediate revenue gains from higher pump prices. By maintaining the current rates of Rs299.50 for petrol and Rs311.47 for diesel, the administration is attempting to shield the public from volatile global oil markets, though this may put pressure on state subsidies if international prices rise significantly.